Central Securities Corp Files Definitive Proxy Statement

TL;DR

CSC DEF 14A filed. Proxy materials for shareholders out.

AI Summary

Central Securities Corp filed its Definitive Proxy Statement (DEF 14A) on February 10, 2025, for the period ending March 26, 2025. The filing, which does not require a fee, outlines information for shareholders regarding upcoming company matters. The company's principal executive offices are located at 630 Fifth Avenue, Suite 820, New York, NY 10111.

Why It Matters

This filing provides shareholders with essential information to make informed decisions regarding voting at the company's annual meeting and other corporate actions.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) and does not contain new material financial information or significant corporate events.

Key Players & Entities

• CENTRAL SECURITIES CORP (company) — Registrant
• 630 FIFTH AVENUE, SUITE 820, NEW YORK, NY 10111 (location) — Business and Mail Address
• 212-698-2020 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $1.00 — 5,676 shares of common stock, par value $1.00 ("Common Stock"). The holders of the
• $100,000 — e Ownership L. Price Blackford Over $100,000 Simms C. Browning Over $100,000 D
• $61,000 — s (1) L. Price Blackford Director $61,000 — Simms C. Browning Director 51
• $51,750 — ent a nd Director ( 3)(4) 1,751,750 $51,750 Andrew J. O'Neill Vice President
• $40,000 — officer was paid an annual retainer of $40,000 and a fee of $1,000 for each Board of D
• $1,000 — annual retainer of $40,000 and a fee of $1,000 for each Board of Directors meeting tha
• $10,000 — s paid an additional annual retainer of $10,000. Mr. Wilmot Kidd receives an additional
• $160,000 — ceives an additional annual retainer of $160,000 for his strategic consulting with manag

Filing Documents

• cet-def14a_032625.htm (DEF 14A) — 312KB
• proxycard001.jpg (GRAPHIC) — 3KB
• proxycard002.jpg (GRAPHIC) — 1KB
• proxycard003.jpg (GRAPHIC) — 1KB
• proxycard004.jpg (GRAPHIC) — 3KB
• 0001839882-25-008125.txt ( ) — 324KB

From the Filing

DEF 14A 1 cet-def14a_032625.htm DEFINITIVE PROXY STATEMENT cet-def14a_032625 SCHEDULE 14A Proxy Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Section 240.14a-12 CENTRAL SECURITIES CORPORATION (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: CENTRAL SECURITIES CORPORATION NOTICE OF ANNUAL MEETING OF STOCKHOLDERS March 26, 2025 NOTICE is hereby given to the Stockholders of Central Securities Corporation (the "Corporation") that the 2025 Annual Meeting of Shareholders (the "Meeting") will be held at the University Club, One West 54th Street, 7th Floor, New York, New York at 10:30 a.m. (Eastern Time) on Wednesday, March 26 , 2025, for the following purposes: 1.To elect a board of seven directors; 2.To act upon a proposal to ratify the selection of KPMG LLP as the independent registered public accounting firm for the Corporation for the ensuing year; and 3.To act upon such other matters as may properly come before the Meeting. The Board of Directors has fixed the close of business on January 31, 2025 as the record date for the determination of stockholders entitled to notice of and to vote at the Meeting, and only stockholders of record on such date are entitled to vote on these matters at the Meeting or any adjournment thereof. By order of the Board of Directors, Marlene A. Krumholz Secretary New York, New York February 7, 2025 A proxy is enclosed with this Notice and Proxy Statement. Please complete, SIGN and promptly return your proxy in the enclosed envelope. This will assure a quorum and save further solicitation costs. PROXY STATEMENT February 7, 2025 CENTRAL SECURITIES CORPORATION 630 FIFTH AVENUE NEW YORK, NEW YORK 10111 (Tel. No. 212-698-2020) This Proxy Statement and the enclosed proxy card are first being mailed to stockholders on or about February 7, 2025 in connection with the solicitation of proxies by the Board of Directors of Central Securities Corporation (the "Corporation") for use at the Annual Meeting of Stockholders of the Corporation to be held on March 26, 2025, or any adjournment thereof (the "Meeting"). Properly executed proxies received by the Corporation prior to the Meeting will be voted in accordance with the specific voting instructions indicated on the proxy. If no instructions are specified, the shares will be voted FOR the nominees for director (Proposal 1) and FOR Proposal 2. Any proxy may be revoked at any time before it is exercised at the Meeting by the delivery of written notice to the Secretary of the Corporation, by executing and delivering a later-dated proxy or by appearing and voting in person by ballot at the Meeting. The record date for stockholders entitled to vote at the Meeting is the close of business on January 31 , 20 25. On that date, the Corporation had outstanding 28,935,676 shares of common stock, par value $1.00 ("Common Stock"). The holders of the Corporation's Common Stock shall be entitled to one vote per share. The presence, in person or by proxy, of a majority of the issued and outstanding stock of the Corporation shall constitute a quorum for the transaction of business at the Meeting. VOTING PROCEDURES The election of directors (Proposal 1) requires the affirmative vote of a plurality of the shares of Common Stock present in person or represented by proxy at the Meeting and entitled to so vote. Shares of Common Stock represented by proxies which are marked "withhold authority" with respect to the election of any one or more nominees for election as director will not be voted with respect to the nominee or nominees so indicated. T

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